v3.26.1
Finance expense and income (Tables)
6 Months Ended
Jun. 30, 2026
Text Block1 [Abstract]  
Summary of Finance Expense and Income Included in Income Statement
The finance expense and income included in the statement of profit or lo
ss
are
a
s follo
w
s:
 
 For the six-month period ended 30 June
            
 Million US dollar
  
2026
   
2025
 
                  
 Interest expense
     (1 541 )      (1 588 ) 
 Interest income
     284       240  
 Interest income on Brazilian tax credits
     61       63  
 Net interest income/(expense)
  
 
(1 196
) 
 
 
(1 284
) 
 Accretion expense
     (376 )      (315 ) 
 Interest on pensions
     (37 )      (37 ) 
 Accretion expense and interest on pensions
  
 
(413
) 
 
 
(351
) 
 Net foreign exchange gains/(losses)
     (128 )      (161 ) 
 Net gains/(losses) on hedging instruments
     (240 )      (138 ) 
 Bank fees, taxes and other financial expense
     (139 )      (140 ) 
 Other financial income
     9       29  
 Other financial results
  
 
(498
) 
 
 
(410
) 
                  
 Net finance income/(expense) excluding exceptional items
  
 
(2 107
) 
 
 
(2 046
) 
                  
 Exceptional finance income/(expense)
     2 033       368  
                  
 Net finance income/(expense)
  
 
(74
) 
 
 
(1 678
)